Session 11: Terminal Value and First Steps on Loose Ends

Podcast: Aswath Damodaran · Aswath Damodaran

Opublikowano: 2026-10-21

In this class we began by looking at the four rules that keep terminal value in check. We then looked at which model to use in valuing a company and then moved on to the loose ends in valuation, items we often pay little heed to or attach arbitrary premiums/discounts for. We began by looking at cash and whether it should command a premium at some companies (if they have a good track record and have restrictions on raising capital) and a discount at others (if investors don't trust you with the cash). We then looked at cross...